A 41-year-old businessman lost nearly Rs 10 crore to cyber cons in what could be the biggest cyber fraud against a single person in the city. Police managed to stop Rs 1.6 crore of the swindled money from being transferred. The fraud unfolded within a month with promises of lucrative share market trading tips through a new app. An FIR has been registered under sections 419 (impersonation) and 420 (cheating) of the IPC and relevant provisions of the IT Act. A special team has been formed to track down the cybercriminals involved.
WhatsApp, trading fraud: Noida businessman duped of Rs 9 crore by cyber thugs dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
According to the police, the fraud took place over a period of one month after the victim got added to a WhatsApp group about stock market trading on May 1..